SHE:300071 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	78.99	76.15	35.27	42.53	24.44	16.98
Trading Asset Securities	5.94	5.57	5.16	3.42	0.35	0.49
Cash & Short-Term Investments	84.94	81.72	40.43	45.96	24.79	17.47
Cash Growth	73.82%	102.11%	-12.02%	85.37%	41.88%	-43.82%
Accounts Receivable	472.47	564.87	831.46	911.23	858.98	699.03
Other Receivables	20.1	22.24	50.58	54.7	47.33	104.91
Receivables	492.57	587.11	882.04	965.94	906.31	803.95
Inventory	0.32	0.4	0.15	0.37	0.03	-
Other Current Assets	26.46	27.44	58.38	44.73	31.23	47.66
Total Current Assets	604.29	696.66	981	1,057	962.37	869.08
Property, Plant & Equipment	6.36	8.79	18.79	28.46	15.89	21.02
Long-Term Investments	56.21	55.92	55.31	86.4	81.93	82.6
Goodwill	25.64	25.64	49.71	53.35	53.35	53.35
Other Intangible Assets	12.52	12.61	13.06	13.54	13.75	14.17
Long-Term Deferred Tax Assets	76.27	74.36	53.48	28.59	30.11	17.91
Long-Term Deferred Charges	0.02	0.02	0.15	0.41	5.52	1.43
Other Long-Term Assets	5.41	5.41	5.63	5.65	11.64	5.6
Total Assets	786.73	879.43	1,177	1,273	1,175	1,065
Accounts Payable	404.05	483.69	661.11	691.66	687.14	551.49
Accrued Expenses	21.83	27.24	23.85	29.66	13.25	23.29
Short-Term Debt	19.24	45.84	82.94	12.2	-	3.13
Current Portion of Long-Term Debt	0.43	4.88	-	-	-	-
Current Portion of Leases	-	-	14.42	9.98	7.05	10.22
Current Income Taxes Payable	11.21	11.65	1.85	0.78	3.57	4.64
Current Unearned Revenue	2.8	0.24	2.23	0.72	1.39	6.85
Other Current Liabilities	25.57	57.09	55.76	54.08	43.46	52.91
Total Current Liabilities	485.13	630.62	842.15	799.07	755.87	652.53
Long-Term Debt	-	-	0.99	5.14	-	4.58
Long-Term Leases	1.44	0.12	2.31	11.8	3.54	7.46
Long-Term Deferred Tax Liabilities	3.02	3.05	3.02	3.43	3.18	3.02
Other Long-Term Liabilities	127.88	146.15	180.04	208.34	220.73	354.5
Total Liabilities	617.47	779.94	1,029	1,028	983.32	1,022
Common Stock	963.88	963.88	963.88	948.12	922.35	926.55
Additional Paid-In Capital	415.83	364.99	293.53	296.15	239.31	190.85
Retained Earnings	-1,191	-1,191	-1,069	-938.84	-917.38	-946.5
Treasury Stock	-22.77	-42.37	-42.37	-47.36	-56.89	-165.83
Comprehensive Income & Other	-4.53	-4.52	-1.71	-4.6	-2.26	28.86
Total Common Equity	160.97	91.01	143.97	253.47	185.13	33.93
Minority Interest	8.29	8.48	4.62	-7.87	6.11	9.13
Shareholders' Equity	169.26	99.49	148.59	245.6	191.23	43.05
Total Liabilities & Equity	786.73	879.43	1,177	1,273	1,175	1,065
Total Debt	21.11	50.84	100.67	39.12	10.6	25.39
Net Cash (Debt)	63.83	30.88	-60.24	6.84	14.2	-7.92
Net Cash Growth	-	-	-	-51.84%	-	-
Net Cash Per Share	0.07	0.03	-0.06	0.01	0.01	-0.01
Filing Date Shares Outstanding	945.02	1,014	963.88	1,557	1,278	922.35
Total Common Shares Outstanding	945.02	1,014	963.88	1,557	1,278	922.35
Working Capital	119.16	66.05	138.84	257.91	206.5	216.54
Book Value Per Share	0.17	0.09	0.15	0.16	0.14	0.04
Tangible Book Value	122.81	52.76	81.2	186.58	118.03	-33.59
Tangible Book Value Per Share	0.13	0.05	0.08	0.12	0.09	-0.04
Buildings	-	-	0.46	0.46	0.46	0.46
Machinery	-	-	16.31	14.36	13.1	12.28

Source: S&P Global Market Intelligence. Standard template. Financial Sources.